Pet Care Services Loans

Looking for loans for pet care services? An SBA loan may be just what you've been looking for. This $240,480 pet care services loan was issued by an Illinois bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Haubstadt, Indiana was able to borrow $240,480 from Farmers St. Bank - Alto Pass. The SBA made the loan possible by guaranteeing $180,360 of this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
HAUBSTADT, IN 47639

SBA Loan Lender

FARMERS ST. BANK - ALTO PASS
55 N ELM ST
ALTO PASS, IL 62905

This lender issued this business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812910 - Pet Care Services

Loan Approval Date

7/11/2007

Loan Approval Gross Amount

$240,480

Loan Approval from the SBA

Of the total $240,480 loan amount, the SBA guaranteed $180,360.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Farmers St. Bank - Alto Pass and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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